Page 207 - MOE ENGLISH PR REPORT - MAY 2025 (Part 1)_Neat

"ADGM remains committed to contributing towards a prosperous and sustainable economy by
fostering innovation, enabling business growth, and strengthening collaboration between public
and private sectors. Through strategic initiatives like these, ADGM continues to play a vital role in
shaping the region’s economic future," he added.

A high-profile panel featuring Dr Mahmoud Mohieldin, the UN special envoy on Financing the 2030
Agenda; Rashed Al Blooshi, undersecretary of the Abu Dhabi Department of Economic
Development; and Safaa El Tayeb El-Kogali, country director for the GCC, World Bank, discussed
the world’s economic landscape, highlighting key issues that affect global trade, noting that the
global economy’s order which has been in place for decades, is now changing.

The summit featured an in-depth analysis of the UAE’s investment ecosystem, with experts from
Visa, the Abu Dhabi Investment Office (ADIO) and the Multiply Group discussing trade and
investment opportunities across key sectors.

The panel shed light on the growing adoption of e-commerce and mobile commerce in a rapidly
evolving digital landscape.
A related panel on the financial services sector featured speakers from Wio Bank, Finstreet and the
Financial Services Regulatory Authority of ADGM who explored the forces reshaping the industry,
from digital innovation and regulatory developments to shifting customer expectations and regional
growth.

Technology continues to be a major conduit for enabling smart cities to thrive and enhancing living
standards across the region, but also in transforming the mobility of people and goods as well as in
transitioning to a greener and sustainable economy.

Major stakeholders and thought leaders in this field – from e& and Mercedes-Benz to Siemens and
Mubadala – shared optimism on the region’s path to technological adoption and innovation.

The experts also examined innovative approaches to decarbonising power systems, enhancing
water and energy efficiency, and building infrastructure that supports long-term environmental and
economic goals.

Joe Chidiac, publisher of JC Media Group and organisers of the summit, said: “As we venture into
today’s journey of dialogue and discovery, I challenge each one of you to embrace the spirit of
innovation that has been the hallmark of the UAE and its capital, Abu Dhabi. The partnerships
formed here, the ideas exchanged, and the commitments made will ripple beyond these walls to
shape economies, empower communities, and create prosperity for generations to come. Together,
let us bridge sectors and build not just growth, but a legacy of sustainable economic excellence.”

https://www.khaleejtimes.com/kt-network/economy-middle-east-summit-2025-gathers-public-
private-sectors-to-drive-sustainable-growth